Transfer-pricing treatment of ITeS margins excludes pass-through tax recoveries and separate delayed-receivables interest after working-capital adjust...
Capacity-utilisation adjustments under TNMM can neutralise substantiated COVID-related idle costs where underutilisation materially affects profitabil...
TNMM functional comparability requires excluding rice manufacturers from a pure Basmati rice trader's benchmark and recognising operating export recei...
Working-capital adjustment subsumes delayed-receivable effects in TNMM benchmarking of captive software-development services, avoiding separate notion...
Transfer-pricing comparability requires exclusion of financially illogical super-profit comparables and correction of unsupported annual-report and ma...
Charitable character assessment preserves Section 80G approval despite inclusive spiritual teachings and incidental religious expenditure within the s...
Penalty proceedings for cash-loan acceptance require assessment proceedings and recorded Assessing Officer satisfaction; absent these, the proceedings...
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Pursuant to Foreign Trade (Development & Regulation) Act 1992 and FTP 2023, DGFT has amended the export policy for raw human hair (ITC HS codes 05010010 and 05010020). The policy revises the status from 'Restricted' to 'Prohibited' for both unworked human hair and human hair waste. However, exports remain unrestricted if the FOB value meets or exceeds USD 65 per kilogram. The amendment, effective immediately per Notification No. 59/2024-25, aims to regulate the export of raw human hair while maintaining quality standards through price control mechanisms. The notification exercises authority under Section 3 read with Section 5 of the Act.
Pursuant to Foreign Trade (Development & Regulation) Act 1992 and FTP 2023, DGFT has amended the export policy for raw human hair (ITC HS codes 05010010 and 05010020). The policy revises the status from 'Restricted' to 'Prohibited' for both unworked human hair and human hair waste. However, exports remain unrestricted if the FOB value meets or exceeds USD 65 per kilogram. The amendment, effective immediately per Notification No. 59/2024-25, aims to regulate the export of raw human hair while maintaining quality standards through price control mechanisms. The notification exercises authority under Section 3 read with Section 5 of the Act.
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